The Australian Taxation Office (ATO) has changed the reporting regime for Not-for-Profit (NFP) entities for the 2023-2024 financial which includes the need to prepare and lodge an annual NFP self-review return each year.

New rules about disclosure of spending and donations received on referendum matters have come into force and apply for the first time in respect of the Indigenous Voice to Parliament Referendum.  The rules apply where spending or donations received are $15,200 or more.

If you are a Charity or Not-for-Profit (NFP) there are a number of financial reporting changes that will impact your annual information statement (AIS) and financial reporting obligations at 30 June 2022.